Bangladesh: World Bank delaying decision to fund road safety project, says Quader

DHAKA, 13 September 2021 (TON): Road Transport and Bridges Minister Obaidul Quader said the World Bank is delaying its decision to finance Bangladesh's road safety project, despite repeatedly expressing interest in it.

He said while inaugurating nine bridges under the Dhaka zone virtually "the World Bank has made delays after expressing interest in financing the road safety project several times. If they don't come, Bangladesh will implement the project with its own funding."

Bangladesh needs to invest about US $7.8 billion over the next decade to halve its road accident fatalities, according to a new World Bank report.

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